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SCOPE AND SUPPORT IN AGRICULTURAL LOANS INCREASED
(03.01.2020 . 11:47:54) (Okuma: 200)
The limits and criteria of agricultural loans to be implemented by Ziraat Bank and Agricultural Credit Cooperatives in the period 2020-2022 were revised with the decision of the President published today. While the limits of low interest loans will increase, the discount rates will be determined according to the criteria. Those who do not meet the criteria will not benefit from low interest.
President Recep Tayyip Erdogan stated that Ziraat Bank would give "Peculiarly agricultural loans at the 3rd Agriculture and Forestry Council meeting held on 21 November 2019 at the Presidential Palace.
Producers, agricultural cooperatives, producer unions and licensed warehouse investments will be exclusive to public institutions and organizations will benefit from these loans.
Decisions, Turkey borders (land borders and territorial waters) in agricultural production activities include investments made will be performed.